The Government of India has taken several steps to support the Indian medical devices industry. The government aims to make India the global manufacturing hub for high-quality and safe medical devices. Initiatives have been taken to boost foreign direct investments, production, and improve the efficiency and effectiveness of medical devices. The government has been taking steps to create a conducive regulatory environment and promote R&D initiatives. Additionally, support for infrastructure and skill development is being provided to nurture a robust ecosystem for the medical device industry. Establishing a medical devices center of excellence at IIT (BHU), Varanasi, is among the many initiatives the government is taking.
Medical devices center of excellence at IIT (BHU), Varanasi
The Indian medical devices industry has a promising future. Industry leaders, academia, healthcare practitioners, policymakers, and government authorities are coming together to foster innovation in Indian medical devices sector. This center of excellence for medical devices at the Indian Institute of Technology (BHU) Varanasi is going to be one of a kind. Medical devices and equipment are going to be produced under one roof at this center of excellence (COE). India’s first medical device COE at IIT (BHU) is aimed at boosting the Indian medical device manufacturing industry.
The IIT (BHU) medical devices center of excellence is going to be established in collaboration with Institute of Medical Sciences. Various investors have committed to financially support this initiative. The Pharmaceutical Department, Biochemical Engineering Department, and Medical Department will be jointly working to develop cutting-edge devices. Approximately 900 faculty members will be involved in this project who will be recruited over a period of 3 years.
Electronic chip design and 6G communication development are among the various achievements of this premier institute. Thus, the medical devices COE will add another feather to IIT (BHU)’s cap of achievements. The medical devices COE project outline is currently being finalized and will be implemented soon. No similar center dedicated solely to the production of medical devices in India exists. By exploiting the strengths of the university, IIT (BHU)’s medical devices center of excellence will lead to groundbreaking developments. This COE dedicated to medical devices will foster a conducive environment for R&D in the medical devices sector. This one-of-a-kind medical devices COE will make India an emerging hub for developing and manufacturing medical devices.
Tapping into India’s medical device manufacturing ecosystem
Indian medical devices manufacturing industry is a dynamic and growing market. With increase in government support, infrastructural development, and increasing demand, the medical devices industry has immense potential. The medical devices center of excellence at IIT BHU will help India realise its dream of becoming a leading medical device manufacturer. Hence, companies are trying to enter India’s medical device manufacturing ecosystem. Tapping into the Indian medical devices industry, can reap high returns. However, establishing a medical device manufacturing company in India requires a manufacturing license. Obtaining a medical device manufacturing license can be a daunting task. Drop an email at [email protected] or call/Whatsapp on 9996859227 to let us simplify your medical device licensing journey.
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